Which of the following is not a common reason new product introductions fail?
A)Product defects
B)Inferior design
C)Poor timing of introduction
D)Cost overruns
E)Lack of need for new products

Question

Quizplus · Accepted Answer

Lack of need for new products is not a common reason new product introductions fail. The other choices (product defects, inferior design, poor timing of introduction, and cost overruns) all relate to problems/issues with the product itself or the process of introducing it, which can result in failure. However, if there is no demand or need for a new product, regardless of its quality or timing, it is unlikely to succeed in the market.

Which of the Following Is Not a Common Reason New